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Re: None

Wednesday, 10/28/2009 11:03:27 PM

Wednesday, October 28, 2009 11:03:27 PM

Post# of 21786
Amended Financials Posted. If anyone here does not understand from this filling that this company is actually making great progress, then you have no business being here. I am buying more and holding to see what these numbers look like when they have 100 locations and all seasoned.



"Of 29 locations that we had opened as of June 30, 2009, only 4 (14%) were aged 25-36 months with the oldest being 33 months. This segment of HearAtLast Stores represented 25% of the total revenue and an average of $14,325 in monthly sales per location. 13 locations were represented as ages 13-24 months (45%) with the average age being 18 months. This segment represented 40% of the total revenue with the average monthly sales per location being $6,944. 41% of the locations or 12 HearAtLast Stores were ages 0-12 months (7 were 6 months old). This segment represented 35% of the total revenue with an average monthly sales per location
being $6,689. From the illustrated table, we are pleased to state that as the stores age, our customer base and revenues also age with total revenue having a direct correlation to the age of the stores. The segment of the stores represented by the 25-36 months made up 51.2% of the average monthly sales. The segment of stores represented by the 13-24 months made up 24.8% of the average monthly sales. The segment of stores represented by the 0-12 months made up 23.9% of the average monthly sales. This verifies our business model that as our stores age, our
revenues also increase as per our stated projections and assumptions."